Investor Presentaiton

LA COLORADA The fully concrete lined 5.5-metre diameter ventilation shaft is expected to be completed in 2023 at a cost of ~$47 million. NEW VENTILATION SHAFT Ventilation fans to be installed on shaft in 2024, reducing power requirements upon commissioning Shaft sinking reached a depth of 228 metres by end of Q1 2023. PAN AMERICAN SILVER 12

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